The Impact of US Wars on Economic Growth: Positive or Negative?

The Impact of US Wars on Economic Growth: Positive or Negative?

We talk about how wars fought by the United States have had an overall positive effect on their economic growth, with exceptional growth rates during these wars. However, this growth was mainly driven by increased government spending, often at the expense of consumer and investment spending, leading to a rise in budget deficits and public debt. Therefore, it's difficult to say that the net effects were positive for the United States economy in real terms.

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